*PROJECT MANAGEMENT ***
1. Which of the following is not a phase of the project life cycle?
A) Planning
B) Execution
C) Monitoring and controlling
D) Closing
Answer: E) Selling
2. What is the most important factor in risk management?
A) Developing a risk plan
B) Identifying potential risks
C) Analyzing risks for probability and impact
D) Communicating risks to stakeholders
Answer: B) Identifying potential risks
3. What does Gantt chart represent?
A) The sequence of tasks in a project
B) The timeline of a project
C) The timeline of the tasks in a project
D) A and B
Answer: D) A and B
4. Which of the following is not a characteristic of a successful project manager?
A) Being open-minded
B) Being a great communicator
C) Being a taskmaster
D) Being a technical expert
Answer: D) Being a technical expert
5. Which of the following is not a component of project scope statement?
A) Project deliverables
B) Project constraints
C) Project assumptions
D) Project risks
Answer: D) Project risks
6. Which type of organizational structure is most suitable for a high-risk project?
A) Functional
B) Matrix
C) Projectized
D) Hierarchical
Answer: C) Projectized
7. A process used to generate numerous ideas or solutions to problems:
A) Brainstorming
B) Root Cause Analysis
C) SWOT Analysis
D) Pareto Chart
Answer: A) Brainstorming
8. A statistical technique for analyzing the relationship between variables:
A) Fishbone Diagram
B) Regression Analysis
C) Control Charts
D) Pareto Chart
Answer: B) Regression Analysis
9. What is the critical path in project management?
A) The sequence of tasks with the shortest duration
B) The sequence of tasks that have no slack time
C) The sequence of tasks with the highest level of uncertainty
D) The sequence of tasks with the lowest level of risk
Answer: B) The sequence of tasks that have no slack time
10. In risk management, what does the acronym SWOT stand for?
A) Strengths, weaknesses, opportunities, threats
B) Stakeholders, work breakdown structure, oxygen tanks, timelines
C) Schedule, work packages, objectives, taxes
D) Sales, warrants, operations, training
Answer: A) Strengths, weaknesses, opportunities, threats
11. Which of the following is NOT a project constraint?
A) Scope
B) Quality
C) Resources
D) Customer history
Answer: D) Customer history
12. What is the primary purpose of a project charter?
A) To identify risks
B) To establish project authority
C) To create a Gantt chart
D) To allocate resources
Answer: B) To establish project authority
13. Which of the following describes the critical path?
A) The longest path through a project network
B) The shortest path through a project network
C) The most expensive pathway in a project
D) The easiest pathway in a project
Answer: A) The longest path through a project network
14. What does the term "scope creep" mean in project management?
A) Changes to the project timeline
B) Unanticipated problems that arise during the project
C) Changes to the project scope without proper approval
D) Project team members leaving the project mid-way
Answer: C) Changes to the project scope without proper approval
15. In a work breakdown structure (WBS), what is the lowest level of detail?
A) Task
B) Subtask
C) Work package
D) Milestone
Answer: C) Work package
16. What is the project charter?
a) A document that defines the project's purpose, goals, and constraints
b) The formal authorization of a project
c) A document that outlines the roles and responsibilities of the project team
d) A document that provides a detailed schedule for the project
Answer: a) A document that defines the project's purpose, goals, and constraints
17. What is critical path analysis?
a) A method to analyze the risks in a project
b) A technique to determine the shortest possible time to complete a project
c) A process to ensure that project team members are adequately trained
d) A tool to measure the quality of project deliverables